This is a conditional contract - the entire deal is under
contract and both sides are bound - subject only to one or
more conditions being met. The most usual condition is a
grant of planning permission.
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All embracing option agreement for any land or property.
Includes provision for increasing the exercise price in
proportion to the increased value of the land, thus
returning an agreed proportion of the increased value to the
seller, regardless of the level of success of any scheme.
This document protects the buyer if full proposals fail.
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This document is as "Option to buy land: standard,
non-assignable" but with fewer warranties and "Legal"
provisiors. This recognises that many land owners may be
reluctant to sign an agreement which appears too legalistic.
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Suitable for dealing with a land owner who is happy with
legal documents, or with his solicitor. It does not contain
the additional provisiors of other documents.
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Suitable for any land or property. Includes a clause for an
extersion of the option period in exchange for an additional
payment to the Seller, thus rewarding him for waiting
longer, if for example expected planning corsent has been
delayed.
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All embracing option agreement for any land or property with
provision for an extension of the option period in exchange
for an additional payment to the Seller, thus rewarding him
for waiting longer, if for example expected planning consent
has been delayed. Includes paragraphs for assignment.
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This standard comprehensive version is suitable for dealing
with a land owner who requires an assignable option
agreement in its simplest form. Completely watertight yet
elegantly easy.
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All embracing, assignable option agreement for any land or
property with provision for increasing the exercise price in
proportion to the increased value of the land. This returns an
agreed proportion of the increased value to the seller,
regardless of the level of success of any scheme. Protects
buyer if full proposals fail.
More Info
This standard, assignable option agreement is suitable for
dealing with a land owner who is happy with legal
documents, or with his solicitor.
More Info
